Could working pensioners be forced to pay 8% levy on pay to help fund Social Care? | Personal Finance | Finance

An exemption to paying National Insurance for working pensioners could be scrapped to help fund Social Care, it has emerged. Alternatively, 1p could be added to Income Tax for all workers as government ministers struggle to find the cash to pay for the nursing care needed by Britain’s ageing population. The proposals have been raised by government More...

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By admin On Monday, August 5th, 2024
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Martin Lewis urges 800,000 people to cut TV licence fee from £169 to £0 | Personal Finance | Finance

Money-saving maestro Martin Lewis has delivered a crucial message to state pensioners: it’s time to apply for Pension Credit from the Department for Work and Pensions (DWP). The BBC Sounds and ITV stalwart More...

By admin On Monday, August 5th, 2024
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NS&I replies to Premium Bonds customer over account access | Personal Finance | Finance

NS&I has responded to a concerned individual who was struggling to access his account after his grandfather passed away. The person reached out to the provider on the social media platform X to ask: “I More...

By admin On Monday, August 5th, 2024
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US recession could spark huge hits on UK finances | Personal Finance | Finance

An expert has raised concerns that the potential recession threatening the US economy could have a ripple effect across the Atlantic, affecting savers in the UK. With the US stock market on shaky ground and More...

By admin On Monday, August 5th, 2024
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Urgent warning issued to everyone with one type of bank account | Personal Finance | Finance

An urgent warning has been issued to everyone with one type of ISA. ISAs, or Individual Savings Accounts, are a tax-free way to save up to £20,000 per year and keep it from being taxed. It means that you can More...

By admin On Monday, August 5th, 2024
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Vanguard, Hargreaves Lansdown and AJ Bell investors told ‘don’t sell’ in crash | Personal Finance | Finance

Investors across the world have today been handed a battering in a stock market ‘crash’ which has seen billions wiped off trading centres like the US Dow Jones, the Japanese NIKKEI and the UK’s FTSE 100 More...

By admin On Monday, August 5th, 2024
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HMRC loophole as stock market crash could slash money off tax bill | Personal Finance | Finance

It’s been a brutal day for stock markets across the world with stocks in the US, UK, Europe and Japan all significantly down, wiping billions from companies and costing people with investments thousands of More...

By admin On Monday, August 5th, 2024
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People only just realising letter on washing machine is worth £528 | Personal Finance | Finance

Energy bills are going up another 10 percent this winter and home owners will be turning to anything they can to cut costs and stop bills from spiralling up again. And one way to reduce your bills is to pay More...

By admin On Monday, August 5th, 2024
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Social care pensioners pay National Insurance or lose home | Personal Finance | Finance

The proposal signals the revival of Boris Johnson’s health and social care tax, which the former Tory PM set out in September 2021. The National Insurance-style levy was designed add 1.25% to NI bills, raising More...

By admin On Monday, August 5th, 2024
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State pensioners handed £150 on British Gas, EOn, EDF and OVO accounts | Personal Finance | Finance

State pensioners have been handed a £150 payout despite losing out on up to £600 for the Winter Fuel Allowance. Customers of state pension age who are with various energy suppliers including British Gas, E.On, More...

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